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Algeria’s oil output to reach 1.57mln bpd in Sept, says energy minister

Friday, 05 August 2022 | 00:00

Algerian oil production in September will rise to 1.57 million barrells per day (bpd), Algerian Energy Minister Mohamed Arkab told state television on Wednesday after a decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies to raise their output goal by 100,000 bpd.

The group, collectively known as OPEC+, had been increasing production by about 430,000-650,000 bpd a month but has struggled to hit full targets because most members have already exhausted their output potential.
Source: Reuters (Reporting by Mahmoud Mourad, Writing by Nadine Awadalla Editing by David Goodman)

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